Readers' comments

@hikeandski Even though the pension's decision makers are well connected to the Korea's large companies, it won't be a major problem, because they will be assessed according to their performance, which is the rate of return.

There may be some bribes and collusions among them but they are mostly personal and minorities.

South Kore's pension fund has problems with domestic investments as the big companies are too well connected politically. Hopefully, they will learn much about investing as they venture abroad, and pass that education on to their political masters.

Would that America's Social Security program had amassed a diversified portfolio of invesments to draw upon as Boomer's reach retirement age. Alas the New Deal's signature program is little more than a Ponzi scheme. For shame.